If you are wondering whether McDonald’s current share price still makes sense for long term investors, looking closely at what you are paying for each dollar of its business is a useful place to start.
McDonald’s last closed at US$312.95, with returns of 1.8% over the past 7 days, 0.7% over 30 days and 3.2% year to date, while the 1 year and 5 year returns sit at 9.3% and 68.7% respectively. This keeps valuation firmly on the radar for many holders.
Recent market attention around McDonald’s has included ongoing discussion of its global brand strength and the role of quick service dining in consumer spending, as investors look for businesses they feel are relatively resilient through different cycles. At the same time, commentary on…